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, but it may not be an immediate effect on the economy. yes, there are cuts that go into effect on the pentagon, it's about a 7% or 8% cut on everything. everybody will look at this and say, this is probably the worst way to cut the pentagon budget as one pentagon official said to me at one point, what did we do? call up northrup grumman and say we don't want the last 7% of that airplane, keep the tail? >> it's more of a slope than a cliff. >> the cliff is a little bit of a misnomer, but it could be a cliff in the sense that markets can react very badly. we have really lucked out in the sense that despite our apparent inability to govern ourselves and come to the compromises that everybody wants that we haven't been punished too much by the market so far. but one much the things that's interesting. you have the extremes in both parties willing to go over the cliff at the same time you ask matt dowd, senator durbin and graham if they were an anomaly. i don't think they are in the sense that i think they're a growing cadre especially in the senate of members from both parties who understand eleme
the 2014 handover to afghan authorities. our pentagon correspondent chris lawrence has been looking into this. what's being considered for a u.s. role in afghanistan after the scheduled pull-out? >> reporter: if you thought 2014 was going to be the end of u.s. troops' involvement, that does not look to be the case. although publicly pentagon officials say it's too early, our source, a u.s. official is telling us that there are several options being discussed inside the pentagon, one of which is to keep about 10,000 u.s. troops in afghanistan past 2014. a small number of those troops would be special operations forces that would be dedicated to counterterrorism missions. the rest of the forces would either be training or advising afghan troops or providing medical support and air support, things like that. there are other options with fewer troops, some with more troops. but this one fits right in the middle of that spectrum. he also told me that one of the deal-breakers when it came to iraq, immunity for u.s. troop, in other words, that they wouldn't be prosecuted under local laws l
, postpone pentagon cuts, and now they are putting health care on the table. mr. cantor says the gop has presented a big move. nah. losing an election is big. i'm still waiting for the move part from them. joining me now is jared bernstein, msnbc contributor and former chief economist for vice president joe biden and michelle cottle, washington correspondent for newsweek and the daily beast. thank you both for coming on the show. >> thanks, rev. >> michelle, let me go to you first. let's leave the other tax reform issues for aside for the moment. how can they defend not raising rates? >> this is fundamental to the house republicans got elected and who they are. taxation is stealing under any circumstances you don't raise the tax rates. and this whole grover norquist pledge, i agree, is a complete distraction. no matter how you feel about taxes, you don't want to look like you're tied to and being given marching orders by somebody who people have never heard of. i don't think the norquist pledge really matters. the house, in particular, has a problem with any kind of tax rate hike. >> now
with the pentagon, providing energy to the u.s. military. >>> defense secretary leon panetta broke ground at a new educational center at the vietnam veterans memorial in washington. the center will it tells the stories of the 58,000 soldiers who died in the vietnam war. the center will honor fallen soldiers from the wars in iraq and afghanistan. >>> prince william and catherine middleton greeted by hundreds of fans as they arrived in cambridge. their first visit since being given their titles of duke and duchess of cambridge. they plan to tour the city and meet with cambridge university students during their visit. >>> senate majority leader harry reid says raising the debt limit has to be part of any package. john tester a members of the banking committee. newly re-elected. >> thanks, andrea. >> thanks very much for being with us. you're from one of the reddest of red states, you squeaked through. congratulations on that victory. what does it now bring you right into the middle of these negotiations and a tough vote. what are the people back home telling you? >> the people back home have been tel
.i.a. amid scandal. there could also be big changes at the pentagon. as well at state department. whoever the president chooses, it could impact, for example, the use of armed drones taking out al qaeda overseas. and lots of other security matters. and now, a fox news contributeor and pollster joining us, and former senior advisor to senator john mccain. the use of the unmanned drones to take out terrorists who want to murder americans, on its face it should be a no-brainer but national security appears to be politicized. >> that is right. to their credit the obama administration in the days up to the election were trying to codify the rules and regulations for making those difficult decisions. however, we are alonging at the possibility of massive defense cuts. we have new personnel, as you suggested, coming in potentially to state, defense, and c.i.a., and we have our whole national security apparatus being overhauled at a time when we are in great peril as reporting from the middle east, particularly gaza strip and israel suggests. >>gregg: president obama, it can be said, has a checke
american service women are suing the pentagon, hoping to force the military to drop its policy that excludes women from thousands of ground combat positions. all four are veterans of the wars in iraq and afghanistan. two have been awarded the purple heart. they maintain that the exclusion rule is discriminatory. >> i would be assigned positions based on my gender rather than my qualifications. it didn't make sense for me personal personally or professionally and it doesn't make sense for the military. >> a dangerous set of rule that is prevent commanders deciding the best way to fight. >>> yahoo!'s new ceo is headed to the white house to discuss the fiscal cliff with the president. her new gig and her new son have been full of surprises. >> baby has been easy. the baby has been way easier than everyone made it out to be. i think i've been really lucky that way. i had a very easy, healthy pregnancy. he has been easy. so those have been two really terrific surprises. the kids have been easier and the job has been fun. >> mayer says her secret to getting everything done is ruthles
Search Results 0 to 5 of about 6